Closing the Racial Wealth Gap

America's most glaring economic injustice is the racial wealth gap: families of color have only 15 cents of wealth to the white family's dollar. The racial wealth gap has been caused by government policies from the expropriation of Indian lands and slavery, to many aspects of the New Deal like the GI bill and Social Security, to current policies like the Home Mortgage Interest Deduction and unregulated housing and financial markets. The Oakland-based InsightCenter's Closing the Racial Wealth Gap Initiative has over 120 experts of color across the country who are resources to journalists and elected officials on federal, state and local economic stories and policies.

Michael E. Roberts, President, First Nations Development Institute, on Closing the Racial Wealth Gap in Indian country

Avis A. Jones-DeWeever, Ph.D., Director, National Council of Negro Women, Research, Public Policy, and InformationCenter, on her new report Assessing the Double Burden: Examining Racial and Gender Disparities in Mortgage Lending, co-released with the National Community Reinvestment Coalition

Janis Bowdler, Senior Housing Policy Analyst, National Council of La Raza on the housing crisis and Latinos

About NAM
New America Media is the country's first and largest national collaboration and advocate for more than 2500 ethnic news organizations. Over 51 million ethnic adults connect to each other, to home countries and to Americathrough 3000+ ethnic media, the fastest growing sector of American journalism. Founded by the nonprofit Pacific News Service in 1996, NAM is headquartered in California with offices in New York and Washington D.C. NAM also partners with journalism schools to grow local associations of ethnic media around the nation.